A side-by-side comparison of Xtrackers Nifty 500 India ETF (IND) and First Trust India NIFTY 50 Equal Weight ETF (NFTY) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | IND | NFTY |
|---|---|---|
| YTD Return | -5.01%✓ | -5.62% |
| 1-Day Change | -0.54%✓ | -0.88% |
| 1-Week Change | -2.92%✓ | -3.11% |
| 1-Month Change | -6.83% | -6.56%✓ |
| Current Price | $21.50 | $50.55 |
| AUM | $4M | $102M✓ |
| MER (Expense Ratio) | — | 0.8% |
| Dividend Yield | — | 1.88% |
| Distribution Frequency | — | — |
| Inception Date | 2025-11-24 | 2012-02-14 |
| Holdings Count | 43 | 47 |
| MorningStar Rating | — | ★★★★ |
| Category | India Equity | India Equity |
| Beta | 0.00 | 0.63 |
| 52-Week High | $27.31 | $59.60 |
| 52-Week Low | $20.44 | $49.62 |
| 50-Day MA | $22.76 | $53.65 |
| 200-Day MA | $23.02 | $54.53 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IND | NFTY |
|---|---|---|
| YTD | -5.01%✓ | -5.62% |
| 1 Year | — | -8.06% |
| 3 Year | — | +3.69% |
| 5 Year | — | +2.92% |
| 10 Year | — | +6.44% |
| 1Y Volatility | — | 15.90% |
| Sharpe Ratio (3Y) | — | 0.18 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | HDFCBANK | HDFC Bank Limited | 5.55% |
| 2 | ICICIBANK | ICICI Bank Limited | 4.68% |
| 3 | RELIANCE | Reliance Industries Limited | 4.00% |
| 4 | BHARTIARTL | Bharti Airtel Limited | 2.70% |
| 5 | LT | Larsen & Toubro Limited | 2.21% |
| 6 | SBIN | State Bank of India | 2.03% |
| 7 | INFY | Infosys Limited | 1.79% |
| 8 | AXISBANK | Axis Bank Limited | 1.75% |
| 9 | M&M | Mahindra & Mahindra Limited | 1.32% |
| 10 | ITC | ITC Limited | 1.29% |
| 1 | ZOMATO | Zomato Limited | 2.66% |
| 2 | BAJAJ-AUTO | Bajaj Auto Limited | 2.33% |
| 3 | HCLTECH | HCL Technologies Limited | 2.32% |
| 4 | TITAN | Titan Company Limited | 2.30% |
| 5 | TECHM | Tech Mahindra Limited | 2.18% |
| 6 | APOLLOHOSP | Apollo Hospitals Enterprise Limited | 2.13% |
| 7 | JSWSTEEL | JSW Steel Limited | 2.12% |
| 8 | GRASIM | Grasim Industries Limited | 2.08% |
| 9 | BAJAJFINSV | Bajaj Finserv Limited | 2.03% |
| 10 | TCS | Tata Consultancy Services Limited | 2.02% |
Sector Weights
| Sector | IND | NFTY |
|---|---|---|
| Basic Materials | 8.75% | 12.17% |
| Communication Services | 3.98% | 1.97% |
| Consumer Cyclicals | 12.52% | 16.70% |
| Consumer Defensive | 5.62% | 7.62% |
| Energy | 7.05% | 7.88% |
| Financial Services | 29.82% | 21.60% |
| Healthcare | 7.78% | 10.03% |
| Industrials | 11.78% | 7.82% |
| Real Estate | 1.14% | 0.00% |
| Technology | 7.62% | 10.43% |
| Utilities | 3.93% | 3.77% |
About IND
The underlying index measures the equity performance of the top 500 companies traded on the NSE based on full market capitalization that meet certain eligibility requirements. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities of the underlying index. The fund is non-diversified.
About NFTY
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India (NSE) by investing in all of the components of the NIFTY 50.
Which ETF is Right for You?
Both IND and NFTY are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
IND and NFTY are closely matched on the metrics we track. The right choice depends on your individual investment goals, tax situation, and time horizon.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between IND and NFTY?
IND (Xtrackers Nifty 500 India ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both Canadian-listed ETFs. Key differences include their AUM ($4M vs $102M), dividend yield (N/A vs 1.88%), and year-to-date performance (-5.01% vs -5.62%).
Is IND better than NFTY?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, IND has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy IND and NFTY on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IND and NFTY should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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